Echevarria Joseph 4

What Happened Joseph Echevarria, a director of Bank of New York Mellon Corporation (BK), was credited with 688.364 shares as an award/acquisition on 2026-02-02. The filing reports a per-share value of $121.61, putting the total value at about $83,712. This was not an open-market purchase or sale but a payout under a deferred compensation arrangement for directors.

Key Details

• Transaction type: Award/Grant (Code A) — phantom stock settled in shares under the Deferred Compensation Plan for Directors.
• Transaction date: 2026-02-02; Filing date (Form 4): 2026-02-04 (appears timely).
• Price per share used for reporting: $121.61; Total reported value: $83,712 (688.364 shares).
• Shares owned after the transaction: Not specified in this filing.
• Footnote: Phantom stock acquired pursuant to a prior election under The Bank of New York Mellon Corporation Deferred Compensation Plan for Directors; payable in shares on a specified date.
• Remarks: Exhibit 24 — Power of Attorney included.

Context This is a deferred compensation payout to a director, converted into company shares (phantom units settled in stock). Such grants are routine compensation events for board members and do not necessarily indicate a buy or sell signal by the insider. The filing discloses the mechanics (deferred plan) rather than an active market trade.